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Vietnam to have online mapping service

VietNamNet Bridge – The Vietnam Mapping and Measurement Bureau will finalize its project to put Vietnamese maps to the Internet later this year.

The “interest rate bubble” is about to burst out?

VietNamNet Bridge – The monetary market has become scorching hot when the deposit interest rates have climbed to 17-18 percent per annum, while businesses have to borrow capital at the interest rates of 21-23 percent per annum.

Authorities review investing abroad because of low returns

VietNamNet Bridge - There is a growing trend among domestic enterprises to invest in foreign markets but returns remain low, causing authorities to review the situation.

Not to raise debt limit risky for U.S. economy: Bernanke

U.S. Federal Reserve Chairman Ben Bernanke warned Thursday that the U.S. financial system may be destabilized again if the Congress would not raise the government debt limit.

Study shows early treatment with antiretroviral therapy prevents HIV transmission

Early initiation of antiretroviral treatment in people infected with HIV prevents them from transmitting the virus to their partners, according to findings released Thursday from a large-scale international clinical study.

BUSINESS IN BRIEF 14/5

Banks to increase ATM cash withdrawal fee; Lifeless property market gets lift from M&A deals; HCMC eyes private investment in traffic infrastructure; Levi Strauss finds Vietnam a good fit for jeans production 

IMF calls for strengthening policy response to tackle European fiscal challenge

Europe need to take comprehensive and bold policy action to restore fiscal health, address remaining weaknesses in the financial sector, and implement reforms to restore competitiveness and growth, the International Monetary Fund

SBV to keep close eyes on lenders’ investments

VietNamNet Bridge - Many commercial banks expect that their income this year will come from the investment portfolios and services as the government limits the credit growth to curb inflation. 

Big Toe passes international hiphop champ qualifier

Hanoi hip-hop troupe Big Toe, last week beat Halley in the final of the Bboy genre, to qualify for the Southeast Asia elimination round of the R-16 Korea World Masters Championships (R16) at Hanoi’s Trinh Hoai Duc Sports House.

LIFESTYLE IN BRIEF 13/5

Thanh Hoa restores relics; General Giap to be honored in musical program; Hue celebrates Buddha’s birthday with festival; Overseas Vietnamese painter depicts Apocalypse; HCMC café says bonjour to photo buffs

Hanoi streets decorated by violet flamboyants

VietNamNet Bridge – Those who have come to Vietnam’s famous resort city of Da Lat in early summer, would never forget violet flamboyant.

Five beauty salons fined for advertising breast surgery

VietNamNet Bridge – The Hanoi Health Department’s inspectors have announced to fine five private beauty salons for over-advertising.

Plastic self-dissolving bags struggling to find a way into the market

VietNamNet Bridge – Because of the lack of common standards for products, plastic self-dissolving bags, a kind of environment-friendly production, still cannot be marketed.

Over 100 businessmen run for National Assembly election

VietNamNet Bridge – Dang Thanh Tam, Chairman of the Saigon Investment Group, the third richest man in the Vietnamese stock market, and over 100 businessmen are candidates of the upcoming National Assembly election.

School headmasters authorized to allow students to skip grades

The new regulation that school headmasters now have the right to make decisions on allowing students to skip grades has raised the worries that this would lead to a race among parents who rush to bring their children to school before age.

Campaign kicks off to raise awareness of software copyrights

The Copyrights Office of Vietnam, Inspectorate of the Ministry of Culture, Sports and Tourism and Business Software Alliance on May 12 launched in HCM City a campaign to raise computer software retailers’ awareness of respecting copyrights.

Ministries cross paths on sugar policy

VietNamNet Bridge - Whilst the Ministry of Agriculture and Rural Development (MoARD) is striving to push the sale of domestic sugar, the Ministry of Industry and Trade (MoIT) insists on importing sugar.

Robocon VN finds candidate to Asia-Pacific contest

VietNamNet Bridge - Thirty-two robot teams from universities, colleges and technical schools across the country will fight to get a ticket to the Asia-Pacific Robot Contest in Thailand.

Visitors enjoy ‘queen of beaches' plus island and battle site tours

VietNamNet Bridge – Located in the coastal district of Vinh Linh in the central province of Quang Tri, Cua Tung Beach is the nation's "Queen of Beaches", awaking the curiosity of many visitors to come and experience its beauty.

Parliamentary candidate-constituent meetings complete in many provinces

VietNamNet Bridge – The deadline for National Assembly candidates to meet with constituents will end in a week but many provinces have completed organizing meetings between NA candidates and constituents.